Latest News Updates From Matt Townsend and Lauren ColemanLochner

Business, Logistics

Some Suppliers Cautious After Sears Files for Bankruptcy

Shortly after filing for bankruptcy earlier this week, Sears Holdings Corp. sent a letter to suppliers asking for their ongoing support. Thats been a difficult pitch. Some vendors have stopped shipping products to the retailer over concerns they wont get paid, according to people with knowledge of the situation, who asked not to be identified because the talks are private.

October 19, 2018